Pension Plan Funding Falls with Interest Rates, Equity Values
June 7, 2010 (PLANSPONSOR.com) - The financial health of pension plans has suffered an $84-billion setback over the last two...
Tag: Defined Benefit
IRS Reported Working on Church Plan Regs
June 7, 2010 (PLANSPONSOR.com) – Church defined benefit pension plans could be facing new Internal Revenue Service (IRS) regulations mandating participant...
AT&T Justified in Pension Porting Denial
June 1, 2010 (PLANSPONSOR.com) – A federal judge has ruled that AT&T was within its rights to refuse “porting” rights...
Pension Plans only Slightly Healthier
June 1, 2010 (PLANSPONSOR.com) - In 2009, the financial health of defined benefit pension plans in publicly-traded U.S. companies improved...
Canadian DB Plans on Wild Ride
June 1, 2010 (PLANSPONSOR.com) – The significant volatility in the equity and bond markets since the beginning of May has...
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ftwilliam.com Unveils EGTRRA DB Plan Documents
May 17, 2010 (PLANSPONSOR.com) – ftwilliam.com has released pre-approved EGTRRA volume submitter defined benefit plan documents.
Milliman Index Shows Pension Funded Status Declined $33B in April
May 14, 2010 (PLANSPONSOR.com) - The funded status of the 100 largest corporate defined benefit pension plans deteriorated by $33...
Corporate Plan Funding Retreats in April
May 10, 2010 (PLANSPONSOR.com) – A plunge in the Aa corporate discount rate in April drove liabilities higher and the...
Sears Chief Warns of Store Closings without Pension Relief
May 5, 2010 (PLANSPONSOR.com) – Without a bill extending deadlines for funding corporate pensions becoming law, the parent company of...
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BNY Mellon Unveils New Sec Lending Auction Option
May 4, 2010 (PLANSPONSOR.com) - BNY Mellon Asset Servicing has launched a new securities lending auction capability.
Benefits |
Different Courses for Public, Private Sector Pension Freezes
May 3, 2010 (PLANSPONSOR.com) – While a growing number of defined benefit plans are being frozen, the...
Benefits |
Hewitt Says “Freezing” Temperaments Rising
April 30, 2010 (PLANSPONSOREurope.com) – The pace of UK pension scheme freezes is accelerating – and could...
New IASB Proposal Could Increase Scrutiny of Risks Taken by DB Plans
April 29, 2010 (PLANSPONSOR.com) - The International Accounting Standards Board (IASB) on Thursday issued its exposure draft on accounting...
Benefits |
Redskins to Freeze DB Accounts for Non-Coach, Player Employees
April 27, 2010 (PLANSPONSOR.com) – The Washington Redskins football organization will freeze defined benefit pension accounts for non-player/coach personnel, but will continue...
Benefits |
Law Firms File ERISA Class Action Against Lutheran Publishers
April 26, 2010 (PLANSPONSOR.com) – A pair of litigators have teamed up to bring an ERISA class action...
Canadian DB Sponsors Most Want Funding Flexibility
April 23, 2010 (PLANSPONSOR.com) – A new poll by Aon Consulting Canada found employers believe that greater defined benefit funding...
Benefits |
FL Hospital Freezes DB Program
April 23, 2010 (PLANSPONSOR.com) – A large North Florida hospital system has announced plans to freeze its defined benefit pension...
Corporate Plans See Slight Improvement in 2009
April 20, 2010 (PLANSPONSOR.com) – The aggregate funding ratio for corporate pension plans increased from 80.2% to 83.4% and the...
N.Y. Pension Checks’ Delivery Slowed by Sorting Snafu
April 15, 2010 (PLANSPONSOR.com) – A U.S. Postal Service investigation has found that 60,000 New York state pension checks were...
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Three Firms Band Together for Pension Product Development
April 15, 2010 (PLANSPONSOR.com) – Accenture, CedarCrestone, and Oracle will be collaborating on the enhancement of Oracle’s Public Sector Pension...